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"This paper finds that, concurrent with the rapid growing index investment in commodities markets since early 2000s, futures prices of different commodities in the US became increasingly correlated with each other and this trend was significantly more pronounced for commodities in the two...
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NBER Bulletin on Aging and Health by email. Public pension funding has recently become a front-burner policy issue in the … current funding of state and local pensions using a sample of 126 plans, estimating an aggregate funded ratio in 2009 of 78 … among plans, so the paper explores the influence of four types of factors: funding discipline, plan governance, plan …
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